Grucha Percentage Index Indicator in MT 4 Download- Free-[TFlab]

The Grucha Percentage Index Indicator MT4 is an advanced momentum-based analytical tool designed for the MetaTrader 4 environment. Its primary function is to assess market momentum while defining the strength and directional bias of ongoing trends.
By integrating an index line with a moving average component, this oscillator delivers structured crossover signals. These crossover events enable traders to recognize potential trend reversals and determine well-defined entry and exit levels within a comprehensive trading framework.


You can download it from this link:

https://cdn.tradingfinder.com/file/5...4-by-tflab.zip

You can also access the MetaTrader 5 version of this Indicator through this page:

https://www.cryptocraft.com/thread/1...oad-free-tflab


For instructions on how to install:

https://www.forexfactory.com/thread/...-in-metatrader



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Indicator Categories

1. Oscillators MT4 Indicators
2. Currency Strength MT4 Indicators
3. Momentum Indicators in MT4

Platform Compatibility:

1. MetaTrader 4

Trading Level:

1. Intermediate

Indicator Type:

1. Lagging Indicator

Supported Timeframes:

1. M15 – M30
2. H1 – H4

Trading Styles:

1. Day Trading
2. Intraday Trading
3. Scalping

Supported Instruments:

1. Forex
2. Indices
3. Stocks
   
   

Indicator Overview

The Grucha Percentage Index Indicator operates as a momentum oscillator that quantifies price acceleration while simultaneously identifying directional movement. It is specifically structured to measure both trend intensity and potential shifts in market sentiment.
Core trading signals are generated from crossovers between:

1. The Red Index Line
2. The Blue Moving Average Line

When these two lines intersect, a possible change in trend direction may be forming. Additionally, the magnitude and volatility of the oscillator provide insight into the strength of bullish or bearish momentum.


This combination of crossover confirmation and momentum measurement allows traders to:

1. Validate prevailing trend direction
2. Measure the intensity of market momentum
3. Detect potential reversal areas
4. Enhance execution timing accuracy
   
   

Uptrend Conditions

On the H1 timeframe of GBPUSD, a bullish momentum signal appears when the red index line crosses above the blue moving average line.
This upward crossover may indicate:

1. Strengthening buying interest
2. A potential opportunity to initiate a long position

An expanding oscillator reading further confirms increasing positive momentum, supporting the likelihood of continued upward price development.


Characteristics of a bullish configuration include:

1. Index line crossing above the moving average
2. Rising oscillator values
3. Alignment with the broader market trend
   
   

Downtrend Conditions

On the H4 timeframe of NZDUSD, the indicator assists in evaluating both trend direction and selling pressure.
A bearish trading signal is generated when the red index line crosses below the blue moving average line, particularly within an established downward trend.

This downward crossover can suggest:

1. Reinforced bearish control
2. A potential short-entry opportunity

Decreasing oscillator readings confirm strengthening negative momentum and support the continuation of the bearish phase.


Features of a bearish setup include:

1. Index line crossing beneath the moving average
2. Increasing downside momentum
3. Confluence with overall market structure
   
   

Indicator Parameters

The Grucha Percentage Index Indicator offers configurable inputs to adapt to various trading strategies and market conditions:

1. Okresy: Defines the momentum calculation length
2. MA Okresy: Specifies the moving average calculation period
3. ALERT: Enables or disables alert notifications
4. EMAIL: Activates or deactivates email alerts
5. NOTIFICATION: Controls mobile notification alerts
6. MESSAGE TIMEOUT: Determines the interval between alert signals
7. MESSAGE SUBJECT: Customizes the alert message heading

These settings provide flexibility, allowing traders to optimize the indicator based on individual risk management rules and market objectives.


Conclusion

The Grucha Percentage Index Indicator is a comprehensive momentum oscillator that supports accurate trend identification and strength assessment. Through systematic crossover evaluation and momentum analysis, it improves trade confirmation and execution precision across Forex, indices, and stock markets.
When incorporated into a disciplined trading methodology, this indicator enhances the ability to identify high-probability trading opportunities while maintaining alignment with dominant market momentum